Don't miss this amazing investment opportunity. Located at the end of McMackin Road, this beautiful 3+ acre lakefront lot contains 6 units including the main house and 5 rental cottages. Property also has a large garage! Located just minutes from Geneva on the Lake and close to wine country, this property has incredible potential as an Air B&B or seasonal rentals. This is a turnkey operation as all units are currently rented with tenants who would love to stay.
When viewing, please park in front of the garage located to the right when you pull in the driveway as to not block access for tenants.
Sold for $425,000 on 03/09/23
$425,000
5465 Chapel Rd, Madison, OH 44057
7beds
--sqft
Quadruplex, Multi Family
Built in 1932
-- sqft lot
$-- Zestimate®
$--/sqft
$2,914 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,914/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 26, 2023 at 02:12pm
Listing Provided by:
Joseph Lucas 440-954-0650,
CENTURY 21 Asa Cox Homes,
Denise L Smith 440-227-3252,
CENTURY 21 Asa Cox Homes
Bought with:
Carly M Sablotny, 2017003926
Keller Williams Living
Alicia K Barton, 2021007978
Keller Williams Living
Source: MLS Now,MLS#: 4374165
Originating MLS: Lake Geauga Area Association of REALTORS
Originating MLS: Lake Geauga Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 7
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: In Unit
Features
- Basement: Full,Unfinished
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, Unpaved
- Garage spaces: 2
Lot
- Size: 3.36 Acres
Details
- Parcel number: 01B129A000250
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1932
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Madison
- Subdivision: Dreamhaven
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/30/2025 | Listing removed | $1,200,000 |
Source:  MLS Now #5129377 | ||
| 6/13/2025 | Listed for sale | $1,200,000+182.4% |
Source: MLS Now #5129377 | ||
| 3/9/2023 | Sold | $425,000-14.8% |
Source: MLS Now #4374165 | ||
| 3/9/2023 | Pending sale | $499,000 |
Source: MLS Now #4374165 | ||
| 11/16/2022 | Contingent | $499,000 |
Source: MLS Now #4374165 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,069 +6.1% | $124,030 +21.7% |
| 2023 | $8,551 -0.9% | $101,900 |
| 2022 | $8,629 +0.6% | $101,900 |
Find assessor info on the county website
Neighborhood: 44057
Nearby schools
GreatSchools rating
- 7/10North Elementary SchoolGrades: K-5Distance: 1.8 mi
- 6/10Madison Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Madison High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- District: Madison LSD Lake- 4303
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.